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Business Acquisition (Tables)
12 Months Ended
Dec. 31, 2014
Business Acquisitions [Abstract]  
Summary of Assets Acquired and Liabilities Assumed in a Business Combination

 

 

 

 

 

 

 

(in thousands)

 

 

 

Receivables

$

1,498 

Inventory

 

4,688 

Other current assets

 

28 

Property, plant and equipment

 

4,800 

  Total assets acquired

 

11,014 

Less: Current liabilities assumed

 

480 

Net assets acquired

$

10,534 

 

Summary Pro Forma Results of Operations for a Material Business Acquisition

 

 

 

 

 

 

 

 

 

 

 

 

 

(unaudited)

 

(in thousands, except per share data)

 

2014

 

2013

 

 

 

 

 

 

Net sales

$

412,998 

 

$

436,988 

Net earnings

 

26,197 

 

 

40,996 

 

 

 

 

 

 

Net earnings per share (basic and diluted)

$

3.78 

 

$

5.94 

Weighted average shares outstanding (basic and diluted)

 

6,930 

 

 

6,907